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Topic: India may ban Bitcoin - page 7. (Read 24871 times)

full member
Activity: 420
Merit: 102
February 01, 2018, 02:45:05 AM
Hi,

Check this out too

https://www.express.co.uk/finance/city/911583/bitcoin-price-news-mining-value-usd-ripple-ethereum-latest

And now facebook ban ads related to cryptocurrency

So who is saying india never ban bitcoin !!! Facebook is earning hell lot of money from them and they banned it how silly mark is!!!



One can't ban Bitcoin genius, it runs on blockchain, no one can stop blockchain. Get some education on the subject instead of blabbering nonsense
jr. member
Activity: 92
Merit: 1
January 31, 2018, 11:27:40 AM
Hi,

Check this out too

https://www.express.co.uk/finance/city/911583/bitcoin-price-news-mining-value-usd-ripple-ethereum-latest

And now facebook ban ads related to cryptocurrency

So who is saying india never ban bitcoin !!! Facebook is earning hell lot of money from them and they banned it how silly mark is!!!

member
Activity: 108
Merit: 100
January 31, 2018, 03:35:52 AM
it is a green signal to btc in India.this article it again a precaution needs to be taken in India but will this decide to ban it simply is what needs to be now.
jr. member
Activity: 92
Merit: 1
January 30, 2018, 07:34:58 AM
India will never ban Bitcoin as many of the politician and almost all business man are invested in this. And also making their black money to white. If, India ban this the Govt. own self will go collapsed. As of today we are listening Jio coin is coming which is promoted by the Mukesh Ambani the big giant of the Indian business world rather whole world also. If Govt. want to legalize a mere cryptocurrency then how it will ban the Bitcoin which has a great digital currency ever and fully decentralized.

Correct ,

1. Now let us know the reason why banks are stop supporting companies related to bitcoin ?  
2. Why Zebpay changes it nature of business in middle of the night without informing its tons of users only after income tax guys visited them ?

http://www.thehindubusinessline.com/money-and-banking/investors-in-a-bind-as-banks-pull-the-plug-on-bitcoin-accounts/article22545347.ece

one more thing Mukesh join coin is not yet came all other are fake https://economictimes.indiatimes.com/tech/software/reliance-jio-coin-at-least-22-fake-apps-on-play-store/articleshow/62695209.cms

Gov may block bitcoin but not blockchain

India already banned Notes which was held by hell lot of people they can easily do ban of bitcoin too.

Thanks



sr. member
Activity: 546
Merit: 255
January 30, 2018, 07:12:51 AM
India will never ban Bitcoin as many of the politician and almost all business man are invested in this. And also making their black money to white. If, India ban this the Govt. own self will go collapsed. As of today we are listening Jio coin is coming which is promoted by the Mukesh Ambani the big giant of the Indian business world rather whole world also. If Govt. want to legalize a mere cryptocurrency then how it will ban the Bitcoin which has a great digital currency ever and fully decentralized.

Do you have any data to back your claims with politicians/businessman invested in BTC? If that was the case it would have been made legal some months back.Jiocoin from Ambani doesn't seem to be a coin which would be promoted by the govt when they have rupee already.
copper member
Activity: 798
Merit: 3
January 30, 2018, 06:22:14 AM
India will never ban Bitcoin as many of the politician and almost all business man are invested in this. And also making their black money to white. If, India ban this the Govt. own self will go collapsed. As of today we are listening Jio coin is coming which is promoted by the Mukesh Ambani the big giant of the Indian business world rather whole world also. If Govt. want to legalize a mere cryptocurrency then how it will ban the Bitcoin which has a great digital currency ever and fully decentralized.
hero member
Activity: 886
Merit: 500
January 29, 2018, 07:29:03 AM
All country will regulate but he will not BAN because it's all about TAX MONEY. As like our Govt already declare GST. And more importantly, when something tries to ban incorrectly use of that thing increase dramatically. As a Crypto Community member all we have to do stop using crypto for illegal use it will save our crypto world.
i like this idea very much, look china, they did tried to control this, but all we see is more and more chinese around, i think our gov will not lose the opportunity of getting tons of new taxes from crypto traders and earners. they will surely regulate that, but ban will not be an option, we just need to see how they will respond to this growing market in near future

till now all is gossips, just hope if they want to do sth, do it faster so we can understand where we will stand
China not only controlling it they are stopped ICO's and miners need to pay full electricity bills before that they are getting subsidy for it

Now new news

https://www.prabhatkhabar.com/news/economy/cryptocrycency-investment-bitcoin-dangerous/1116598.html

Thanks

The upcoming budget might throw some light on the status of cryptos being legal/illegal in the country.Still, doubt whether this again will be taken as a big thing with many other big issues to be addressed by them
jr. member
Activity: 92
Merit: 1
January 27, 2018, 04:03:16 AM
All country will regulate but he will not BAN because it's all about TAX MONEY. As like our Govt already declare GST. And more importantly, when something tries to ban incorrectly use of that thing increase dramatically. As a Crypto Community member all we have to do stop using crypto for illegal use it will save our crypto world.
i like this idea very much, look china, they did tried to control this, but all we see is more and more chinese around, i think our gov will not lose the opportunity of getting tons of new taxes from crypto traders and earners. they will surely regulate that, but ban will not be an option, we just need to see how they will respond to this growing market in near future

till now all is gossips, just hope if they want to do sth, do it faster so we can understand where we will stand
China not only controlling it they are stopped ICO's and miners need to pay full electricity bills before that they are getting subsidy for it

Now new news

https://www.prabhatkhabar.com/news/economy/cryptocrycency-investment-bitcoin-dangerous/1116598.html

Thanks
hero member
Activity: 1132
Merit: 536
January 25, 2018, 10:08:33 AM
All country will regulate but he will not BAN because it's all about TAX MONEY. As like our Govt already declare GST. And more importantly, when something tries to ban incorrectly use of that thing increase dramatically. As a Crypto Community member all we have to do stop using crypto for illegal use it will save our crypto world.
i like this idea very much, look china, they did tried to control this, but all we see is more and more chinese around, i think our gov will not lose the opportunity of getting tons of new taxes from crypto traders and earners. they will surely regulate that, but ban will not be an option, we just need to see how they will respond to this growing market in near future

till now all is gossips, just hope if they want to do sth, do it faster so we can understand where we will stand
jr. member
Activity: 92
Merit: 1
January 25, 2018, 08:00:04 AM
Dear bitlover,
Bitcoin may not be banned in india, as JIO is launching it's own coin- Jiocoin. so crypto is not going to be ban in India. but it will be regulated.

Thnks

Jiocoin is fraud , you can search post for it here in forum

Mukesh Ambani is working in blockchain not in coin

Who ever is investing or using bitcoin must understand that bitcoin is a sample app which shows how blockchain works
Its hello world program for blockchain


Thanks
full member
Activity: 378
Merit: 101
January 25, 2018, 02:35:32 AM
All country will regulate but he will not BAN because it's all about TAX MONEY. As like our Govt already declare GST. And more importantly, when something tries to ban incorrectly use of that thing increase dramatically. As a Crypto Community member all we have to do stop using crypto for illegal use it will save our crypto world.
newbie
Activity: 19
Merit: 0
January 24, 2018, 05:12:07 AM
ZEBPAY have delinked HDFC bank accounts now. So you cannot buy or sale with HDFC. I am not sure if they are planning to do with ICICI bank the same. Also if i look at the other exchanges in India, BTC volume is much less compare to global market. So Ban can come anytime.

On another hand,GOVN and big celebrities have invested heavily. So i personally dont think Crypto will be banned in India. Crypto is the future.

newbie
Activity: 15
Merit: 0
January 23, 2018, 10:30:55 PM
yes it looks like they are tightening the rules on crypto trading by seeing the unexpected interests and investments. soon they might introduce some new rules and tax or temporary ban these trading . who know.
jr. member
Activity: 92
Merit: 1
sr. member
Activity: 546
Merit: 255
January 23, 2018, 08:44:42 AM
India observing how cryptocurrency work and forming regulation so bitcoin is on verge of legality on the edge new rules will be formed very soon

I am sure we are close to regulations being ready across the country as they have been working with technical persons to have a clear overview of the taxation abuse/laundering.
The announcement date would be a shock and that too at a perfect timing when many things would have been favorable to BTC holders.
member
Activity: 448
Merit: 10
January 22, 2018, 11:58:49 PM
India observing how cryptocurrency work and forming regulation so bitcoin is on verge of legality on the edge new rules will be formed very soon
member
Activity: 350
Merit: 10
January 22, 2018, 11:52:50 PM
indian govt first will take years to think what should they do , so just chill .  Grin
jr. member
Activity: 92
Merit: 1
January 20, 2018, 08:21:38 AM
Hi Guys

I found the reason now

http://www.punjabkesari.in/business/news/big-steps-raised-by-banks-against-bitcoin--it-department-sent-tax-notice-741579

Look like zebpay want to lip from indian official thats why they updated and no trace or anything that they changes the service

Now they sol us there bitcoin and now we own them and we cant spent it

Anny one tell how i can i sell these bitcoin now



jr. member
Activity: 92
Merit: 1
January 20, 2018, 04:03:11 AM
I am absolutely sure that the Indian Government will not ban or block the Crytocurrency! I found an article from one of the best Bitcoin exchanges in India- https://blogs.thebitfort.com/indian-govt-to-trial-blockchain-verification-25f33ddaa7a2

For buying and selling of Bitcoin download the BitFort App;

For Android: https://play.google.com/store/apps/details?id=com.cryptomining.bitcoin

For IOS: https://itunes.apple.com/us/app/bitfort/id1329678083?mt=8

Blockchain and bit coin is different entity , Blockchain is legal every where bitcoin have the issues

So Before reply to bitcoin leave blockchain news , Bitcoin is going to be banned or not supported by gov which leads to death.

Latest news with zebpay , now zeb with new upgraded app stopped purchasing and selling , now only user can trade between them .

Any zebpay user express your views of the starting of bitcoin death in india ?

Thanks




Zebpay was a broker earlier and now turned into an exchange where users can set their own buy/sell rates.Don't spread rumors of bitcoin being banned in India.

Zebpay is exchange from starting show me where they siad we are broker Huh

This is not a rumor as as responsible company they should inform there user for this major change ,

Its not rumor . zebpay may be going to be bankrupt due to high decline in recent days that y they done it without informing the user

now what i do with my bitcoins no one is purchasing it ??

I cant even buy a samosha with bitcoin.

 a simple question for my wedding i ordered zebpay caterer to give 100 samosha and zebpay come and say no we are not caterer we are just broker and now we dont have samsho take kachori instead of it ?

Now tell me the legal action i can take against the zebpay else this is no rumor zebpay is going down or doing fishy

Thanks

newbie
Activity: 28
Merit: 0
January 20, 2018, 02:48:24 AM

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